Successors and Assigns Clause Example with 31 Variations from Business Contracts
This page contains Successors and Assigns clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Successors and Assigns. a. This Agreement is personal to the Executive and without the prior written consent of the Company shall not be assignable by the Executive otherwise than by will or the laws of descent and distribution. This Agreement shall inure to the benefit of and be enforceable by the Executive's legal representatives. b. This Agreement shall inure to the benefit of and be binding upon the Company and its successors and assigns. c. The Company will require any successor or any party that acquires control ...of the Company (whether direct or indirect, by purchase, merger, consolidation or otherwise) or all or substantially all of the business and/or assets of the Company to assume expressly and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no succession had taken place. As used in this Agreement, "Company" shall mean the Company as hereinbefore defined and any successor to its business and/or assets as aforesaid which assumes and agrees to perform this Agreement by operation of law, or otherwise.View More
Variations of a "Successors and Assigns" Clause from Business Contracts
Successors and Assigns. a. This Agreement is personal to the Executive and without the prior written consent of the Company shall not be assignable by the Executive otherwise than by will or the laws of descent and distribution. This Agreement shall inure to the benefit of and be enforceable by the Executive's legal representatives. b. This Agreement shall inure to the benefit of and be binding upon the Company and its successors Employee and assigns. c. their respective successors, executors, administrators, heirs and.../or permitted assigns; provided, however, that neither Employee nor the Company may make any assignments of this Agreement or any interest herein, by operation of law or otherwise, without the prior written consent of the other party, except that, without such consent, the Company may assign this Agreement to any successor to all or substantially all the business or assets of the Company by means of liquidation, dissolution, merger, consolidation, transfer of assets, or otherwise. The Company will require any successor or any party that acquires control of the Company (whether direct or indirect, by purchase, merger, consolidation consolidation, transfer of assets, or otherwise) or acquiring all or substantially all of the business and/or assets of the Company (whether such assets are held directly or indirectly) to assume expressly and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place. As used in this Agreement, "Company" shall mean the Company as hereinbefore defined and any successor to its business and/or assets as aforesaid which assumes and agrees to perform this Agreement by operation of law, in connection with a Change of Control, or otherwise. View More
Successors and Assigns. a. This Agreement is personal to the Executive and without the prior written consent of the Company shall not be assignable by the Executive otherwise than by will or the laws of descent and distribution. This Agreement shall inure to the benefit of and be enforceable by the Executive's legal representatives. b. This Agreement shall inure to the benefit of and be binding upon the Company and its successors Employee and assigns. c. their respective successors, executors, administrators, heirs and.../or permitted assigns; provided, however, that neither Employee nor the Company may make any assignments of this Agreement or any interest herein, by operation of law or otherwise, without the prior written consent of the other party, except that, without such consent, the Company may assign this Agreement to any successor to all or substantially all the business or assets of the Company by means of liquidation, dissolution, merger, consolidation, transfer of assets, or otherwise and Employee may transfer this Agreement by will or the laws of descent and distribution. The Company will require any successor or any party that acquires control of the Company (whether direct or indirect, by purchase, merger, consolidation consolidation, transfer of assets, or otherwise) or acquiring all or substantially all of the business and/or assets of the Company (whether such assets are held directly or indirectly) to assume expressly and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place. As used in this Agreement, "Company" shall mean the Company as hereinbefore defined and any successor to its business and/or assets as aforesaid which assumes and agrees to perform this Agreement by operation of law, or otherwise. View More
Successors and Assigns. a. This Agreement is personal to the Executive binding upon and without the prior written consent of the Company shall not be assignable by the Executive otherwise than by will or the laws of descent and distribution. This Agreement shall inure to the benefit of all successors and be enforceable by assigns of the Executive's legal representatives. b. Company. This Agreement shall be binding upon and inure to the benefit of the Executive and his heirs and personal representatives. None of the rig...hts of the Executive to receive any form of compensation payable pursuant to this Agreement shall be binding assignable or transferable except through a testamentary disposition or by the laws of descent and distribution upon the death of the 12 Executive. The rights of the Company under this Agreement may, without the consent of the Executive, be assigned by the Company, in its sole and its successors and assigns. c. unfettered discretion, to any person, firm, corporation or other business entity which at any time, whether by purchase, merger or otherwise, directly or indirectly, acquires all or substantially all of the assets or business of the Company. The Company will require any successor or any party that acquires control of the Company (whether direct or indirect, by purchase, merger, consolidation merger or otherwise) or to all or substantially all of the business and/or assets of the Company to assume expressly and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place. Failure of the Company to obtain such agreement, prior to the effectiveness of any such succession shall be a material breach of this Agreement. As used in this Agreement, the "Company" shall mean the Company as hereinbefore defined and any successor to its business and/or assets as aforesaid which assumes and agrees to perform this Agreement by operation of law, law or otherwise. View More
Successors and Assigns. a. (a) This Agreement is personal to the Executive and Employee, and, without the prior written consent of the Company Company, shall not be assignable by the Executive otherwise Employee other than by will or the laws of descent and distribution. This Agreement shall inure to the benefit of and be enforceable by the Executive's Employee's legal representatives. b. (b) This Agreement shall inure to the benefit of and be binding upon the Company and its successors and assigns. c. Except as provid...ed in Section 11(c), this Agreement shall not be assignable by the Company without the prior written consent of Employee, except to an affiliate of the Company. 9 (c) The Company will require any successor or any party that acquires control of the Company (whether direct or indirect, by purchase, merger, consolidation or otherwise) or to all or substantially all of the business and/or assets of the Company to assume expressly and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place. As used in this Agreement, "Company" shall mean means the Company as hereinbefore defined and any successor to its business and/or assets as aforesaid which that assumes and agrees to perform this Agreement by operation of law, law or otherwise. View More
Successors and Assigns. a. This Agreement is personal to the Executive binding upon and without the prior written consent of the Company shall not be assignable by the Executive otherwise than by will or the laws of descent and distribution. This Agreement shall inure to the benefit of all successors and be enforceable by assigns of the Executive's legal representatives. b. Company. This Agreement shall be binding upon and inure to the benefit of the Executive and his heirs and personal representatives. None of the rig...hts of the Executive to receive any form of compensation payable pursuant to this Agreement shall be binding assignable or transferable except through a testamentary disposition or by the laws of descent and distribution upon the death of the Executive. The rights of the Company under this Agreement may, without the consent of the Executive, be assigned by the Company, in its sole and its successors and assigns. c. unfettered discretion, to any person, firm, corporation or other business entity which at any time, whether by purchase, merger or otherwise, directly or indirectly, acquires all or substantially all of the assets or business of the Company. The Company will require any successor or any party that acquires control of the Company (whether direct or indirect, by purchase, merger, consolidation merger or otherwise) or to all or substantially all of the business and/or assets of the Company to assume expressly and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place. Failure of the Company to obtain such agreement, prior to the effectiveness of any such succession shall be a material breach of this Agreement. As used in this Agreement, the "Company" shall mean the Company as hereinbefore defined and any successor to its business and/or assets as aforesaid which assumes and agrees to perform this Agreement by operation of law, law or otherwise. View More
Successors and Assigns. a. (a) This Agreement is personal to the Executive and without the prior written consent of the Company shall is not be assignable by the Executive otherwise Executive, other than by will or the laws of descent and distribution. This Agreement shall inure to distribution, without the benefit prior written consent of and be enforceable by the Executive's legal representatives. b. Company. (b) This Agreement shall inure to the benefit of and be binding upon the Company and its successors and assig...ns. c. (c) The Company will require any successor or any party that acquires control of the Company (whether direct or indirect, by purchase, merger, consolidation or otherwise) or to all or substantially all of the business and/or assets of the Company to assume expressly and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place. As used in this Agreement, "Company" shall mean the Company as hereinbefore defined above and any successor to its business and/or assets as aforesaid which that assumes and agrees to perform this Agreement by operation of law, or otherwise. Agreement. View More
Successors and Assigns. a. (a) This Agreement is personal to the Executive and without the prior written consent of the Company shall not be assignable by the Executive otherwise than by will or the laws of descent and distribution. This Agreement shall inure to the benefit of and be enforceable by the Executive's legal representatives. b. If the Executive is unable to care for his affairs when a payment is due under this Agreement, payment may be made directly to the Executive's legal guardian or personal representati...ve. (b) This Agreement shall inure to the benefit of and be binding upon the Company and its successors and assigns. c. The Without limiting the generality of the preceding sentence, the Company will require any successor or any party that acquires control of the Company (whether direct or indirect, by purchase, merger, consolidation or otherwise) or to all or substantially all of the business and/or assets of the Company to assume expressly and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place. As used in this Agreement, "Company" shall mean the Company as hereinbefore defined and any successor to its business and/or assets or assignee, as aforesaid applicable, which assumes and agrees to perform this Agreement by operation of law, law or otherwise. View More
Successors and Assigns. a. This (a)This Agreement is personal to the Executive and without the prior written consent of the Company shall is not be assignable by the Executive otherwise Executive, other than by will or the laws of descent and distribution. This Agreement shall inure to distribution, without the benefit prior written consent of and be enforceable by the Executive's legal representatives. b. This Company. (b)This Agreement shall inure to the benefit of and be binding upon the Company and its successors a...nd assigns. c. The (c)The Company will require any successor or any party that acquires control of the Company acquirer (whether direct or indirect, by purchase, merger, consolidation or otherwise) or to all or substantially all of the business and/or assets of the Company to assume expressly and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place. As used in this Agreement, "Company" shall mean the Company as hereinbefore defined above and any successor to or acquirer of its business and/or assets as aforesaid which that assumes and agrees to perform this Agreement by operation of law, or otherwise. Agreement. View More
Successors and Assigns. a. (a) This Agreement is personal to the Executive and Executive, and, without the prior written consent of the Company Company, shall not be assignable by the Executive otherwise other than by will or the laws of descent and distribution. This Agreement shall inure to the benefit of and be enforceable by the Executive's legal representatives. b. (b) This Agreement shall inure to the benefit of and be binding upon the Company and its successors and assigns. c. Except as provided in Section 17(c)..., without the prior written consent of Executive this Agreement shall not be assignable by the Company, except to an affiliate. (c) The Company will require any successor or any party that acquires control of the Company (whether direct or indirect, by purchase, merger, consolidation or otherwise) or to all or substantially all of the business and/or assets of the Company to assume expressly and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place. As used in this Agreement, "Company" shall mean means the Company as hereinbefore defined and any successor to its business and/or assets as aforesaid which that assumes and agrees to perform this Agreement by operation of law, law or otherwise. View More
Successors and Assigns. a. (a) This Agreement is personal to the Executive and Executive, and, without the prior written consent of the Company Company, shall not be assignable by the Executive otherwise other than by will or the laws of descent and distribution. This Agreement shall inure to the benefit of and be enforceable by the Executive's legal representatives. b. (b) This Agreement shall inure to the benefit of and be binding upon the Company and its successors and assigns. c. Except as provided in Section 20(c)..., without the prior written consent of Executive this Agreement shall not be assignable by the Company, except to an affiliate. (c) The Company will require any successor or any party that acquires control of the Company (whether direct or indirect, by purchase, merger, consolidation or otherwise) or to all or substantially all of the business and/or assets of the Company to assume expressly and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place. As used in this Agreement, "Company" shall mean means the Company as hereinbefore defined and any successor to its business and/or assets as aforesaid which that assumes and agrees to perform this Agreement by operation of law, law or otherwise. View More
